Lagos State Governor, Babajide Sanwo-Olu, has urged Nigerian manufacturers to embrace innovation and digital technology to remain competitive in today’s rapidly changing business environment.

Speaking through the Permanent Secretary, Ministry of Tourism, Arts and Culture, Olanrewaju Bajulaiye, at the 60th anniversary celebration of Academy Press Plc in Lagos recently, the governor commended the printing company for sustaining operations for six decades despite economic challenges.

He described Academy Press as a model of resilience in Nigeria’s industrial landscape, noting that its journey reflected the creativity and determination that drive the state’s economy.

“For six decades, Academy Press has not only printed books and materials but has printed history itself, supporting education, business and governance in advancing knowledge and development,” Sanwo-Olu said.

“As we celebrate this milestone, we must also look forward. The world is changing fast, driven by digital technology and artificial intelligence.”

He encouraged the company and other local manufacturers to invest in technology, develop local talent, and mentor young entrepreneurs to ensure sustainable growth in the manufacturing sector.

Chairman of the event and former Director-General of the Nigerian Television Authority (NTA), Vincent Maduka, commended the foresight of the company’s founders, describing them as pioneers who demonstrated uncommon courage and vision in private industrial enterprise.

Maduka noted that the company’s continued relevance after 60 years underscored the strength of indigenous entrepreneurship and called on management to prepare for the future of print in a digital era.

Managing Director of Academy Press Plc, Olugbenga Ladipo, said the anniversary offered an opportunity to reflect on the company’s evolution and contributions to national development. He paid tribute to the founding quartet, who he said built the company on integrity, quality and faith in Nigeria.

Director-General, Manufacturers Association of Nigeria (MAN), Segun Ajayi-Kadir, praised the company for its commitment to quality, noting that its endurance demonstrated that Nigerian firms could thrive with sound management and policy support.